Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.

Equivalent Units of Production	Direct Materials					Conversion
Units Completed and transferred out			84,000					84,000
Units in Ending Work in Process:
Direct Materials (6,000 100%)			6,000
Conversion (6,000 70%)								4,200
Equivalent Units of Production			90,000					88,200
Cost per Equivalent Unit
Costs of beginning work in process		$	42,600				$	62,600
Costs incurred this period			142,600					191,800
Total costs		$	185,200				$	254,400
Cost per equivalent unit		$	2.06	per EUP			$	2.88	per EUP

If the units completed were transferred to the Labeling Department, what is the appropriate journal entry to transfer the conversion costs?

Multiple Choice

• Work in ProcessLabeling $191,800; Work in ProcessCanning $191,800.

• Work in ProcessLabeling $241,920; Work in ProcessCanning $241,920.

• Finished GoodsLabeling $191,800; Finished GoodsCanning $191,800.

• Work in ProcessLabeling $241,920; Finished GoodsCanning $241,920.

• Finished Goods $254,400; Work in Process $254,400.